research, page-20

Thanks for your rational reply, oneforthe!

First of all I would like to express, that it was not my intention to cause such emotional reaction from (older) men here.

Before I continue I would like to disclose, that I do hold short-positions in LYC-shares (someone asked about that in the other thread) because I think that the LYC management has made some very serious mistakes regarding communication with the people from Malaysia and during the process of applying for the operating licences underestimating the long term waste management problem. The offer to fund waste management R&D in deal for licence was not very smart IMO. More important this has led to some very serious protests among the people in Malaysia, not just a bunch of fanatic greens BTW. They simply don't want LAMP in their country. Some fears are irrational, but some are not!

Fact is: Lynas still needs four more licences in order to operate including the pre-operation licence that has been handed in incompletely.

I am not against REE mining in general if it is done correctly. Companies like ARU and ALK prove that this is possible in Australia. They are in touch with the communities, are willing to pay proper taxes and seem to be well aware of the environmental aspects of refining REE.

As for your figures:

SOLID WASTE
Q: did you want to say, that the 75% contain no toxic substances?
25% of 230.000 tons of waste are still 57.500 tons of radioactive waste.

WASTE WATER
a "pristine state"? you must be joking. This is NOT possible!

GASEOUS EMISSIONS
there is still Radon coming out of the small chimney. I wonder, if you know, what that means.

I hope, that investors have not forgotten, that LYC is run by a rather bold banker who has messed up twice before a REE-hype has boosted the company to a market cap of over 3 billion dollars. To me it looks like, he will mess up again.

kind regards
Julia